2221 Corporation Blvd 15,255 SF Flex Building Naples, FL 34109 $3,900,000 ($255.65/SF)

North Naples is centrally located in Southwest Florida, between both the fast-growing Naples and Fort Myers markets. Additionally, the area is also roughly equidistant from the large metropolitan areas of Miami and Tampa, providing same-day round-trip capability to those large population centers for industrial tenants and firms. North Naples features direct access to one of Florida’s busiest roadways; Interstate 75 is a half-hour drive from Southwest Florida International Airport and benefits from access to four major ports within a two-hour drive.

The greater Naples area has had among the best population and job growths in the U.S. over the past five years. Much of that has been centered on western portion of Collier County, specifically in North Naples and adjacent Golden Gate. This creates a high level of industrial demand in the North Naples area, often hand-in-hand with the strong retail demand created from the high-growth economy.

Industrial investors interested in the Naples market have increasingly targeted North Naples, as evidenced by the recent record-high sales volume. Investors are attracted to the strong economy and geographic location, as well as above-market annual rent growth, which boosts net-operating incomes. The majority of buyers of North Naples industrial are local, though there has been an increase of late from national investors.